NOT LISTED FOR SALE

230 S 5th Ave Oakdale, CA 95361

Estimated Value: $537,000 - $652,000

6 Beds
6 Baths
2,870 Sq Ft
$205/Sq Ft Est. Value

Last Sold June 27, 2018

Last sale price $395,000 $138 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,510/month

12 Days on Market

Highlights

  • Tudor Architecture
  • Double Pane Windows
  • Central Heating
  • No HOA
  • Patio
  • 3-minute walk to Brennan Park

About This Home

As of June 2018

Not your typical duplex, these are large units that command rents close to single family home rates. Very well maintained & 100% occupied. Spacious units are light & bright inside. Each unit has an inside laundry room, private patio, & one car garage. New roof, fencing & electrical panels. One unit was completely updated in 2017. Gross monthly rents are under market at $2,300 & should be $2,700. Close to schools and shopping.

Last Agent to Sell the Property

Rachel Galvin Jones

Touchdown Properties License #01078957 Listed on: 05/23/2018

Last Buyer's Agent

Sandy Taylor

HomeSmart PV & Associates License #01429269

HomeSmart PV & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,017

Year Built

  • Built in 1988

Lot Details

  • 5,001

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Tudor Architecture
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Double Pane Windows
  • Washer and Dryer Hookup

Utilities

  • Central Heating
  • Cable TV Available

Additional Features

  • Patio
  • 5,001 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity gas sewer trash collection water
  • Assessor Parcel Number 129-010-073-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 1 Unit Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,017

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1988
  • Architectural Style: Tudor
  • Stories: 2
  • Number of Three Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2017

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Electric Oven,Varies By Unit
  • Flooring: Carpet,Laminate,Tile
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 399000.00
  • Patio And Porch Features: Uncovered Patio
  • Roof: Composition

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units
  • Association: No

Schools

  • Senior High School District: Oakdale Joint

Lot Info

  • Zoning Description: Multi Family
  • Lot Size Acres: 0.1148
  • Lot Size Sq Ft: 5001

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas,Sewer,Trash Collection,Water
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 129-010-073-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2018
Closed on
Jun 20, 2018
Sold by
Grewel Puneet and Grewel Harpeet
Bought by
Emens Jeffrey D
Seller's Agent
Rachel Galvin Jones
Touchdown Properties
Buyer's Agent
Sandy Taylor
HomeSmart PV & Associates
List Price
$399,000
Sold Price
$395,000
Premium/Discount to List
-$4,000
-1%
Current Estimated Value
$587,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,753
Avg. Annual Appreciation
5.56%
Original Mortgage
$296,250
Outstanding Balance
$256,780
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$330,973

Purchase Details

Closed on
Jun 4, 2014
Sold by
Grewal Harpreet and Grewal Puneet
Bought by
Grewal Puneet and Grewal Harpreet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
3.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 29, 2011
Sold by
Grewal Puneet
Bought by
Grewal Harpreet and Grewal Puneet

Purchase Details

Closed on
Jan 8, 2003
Sold by
Morris Anthony J and Morris Sharon R
Bought by
Grewal Puneet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,600
Interest Rate
6.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 28, 1997
Sold by
Morris Anthony J and Morris Sharon R
Bought by
Morris Anthony J and Morris Sharon R
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Emens Jeffrey D $395,000 Chicago Title Co
Grewal Puneet -- North American Title Co Inc
Grewal Harpreet -- None Available
Grewal Puneet -- Alliance Title Company
Grewal Puneet -- Alliance Title Company
Morris Anthony J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Emens Jeffrey D $296,250
Previous Owner Grewal Puneet $195,000
Previous Owner Grewal Puneet $177,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2018 06/27/18 Sold $395,000 -1.0% $138 / Sq Ft
06/04/2018 06/04/18 Pending -- -- --
05/23/2018 05/23/18 For Sale $399,000 -- $139 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,017 $449,439 $147,916 $301,523
2024 $4,757 $440,627 $145,016 $295,611
2023 $4,657 $431,988 $142,173 $289,815
2022 $4,578 $423,519 $139,386 $284,133
2021 $4,502 $415,215 $136,653 $278,562
2020 $4,452 $410,958 $135,252 $275,706
2019 $4,385 $402,900 $132,600 $270,300
2018 $3,094 $282,570 $66,820 $215,750
2017 $3,040 $277,030 $65,510 $211,520
2016 $2,986 $271,599 $64,226 $207,373
2015 $2,624 $238,000 $56,500 $181,500
2014 $2,368 $212,500 $56,500 $156,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 18034005

MetroList

APN: 129-10-73